Balkan and Sea Properties ADSITS, previously known as Hyundai Properties REIT, is a licensed real estate investment trust in Bulgaria, regulated by the Bulgarian Financial Supervision Commission. The company specializes in real estate securitizations and engages in the construction, improvement, and furnishing of buildings with the intention of leasing, renting, or selling them.
As of December 31, 2011, the majority shareholder of Balkan and Sea Properties ADSITS was Gama Finance AD, holding a significant stake of 42.80%.
Balkan and Sea Properties ADSITS offers attractive investment opportunities in the Bulgarian real estate market. With a focus on securitizing real estate assets, the company provides investors with the potential for regular income and capital appreciation through rental income and property sales. The trust actively manages and maintains its properties to ensure their marketability and desirability to potential tenants and buyers.
Investing in real estate in Bulgaria can be advantageous for several reasons. Firstly, the country’s affordable property prices present opportunities for investors to enter the market at lower costs compared to other European countries. Additionally, Bulgaria’s strategic location at the crossroads of Europe, Asia, and the Middle East offers the potential for long-term economic growth and increased demand for real estate.
Balkan and Sea Properties ADSITS leverages its expertise in the local real estate market to identify investment opportunities that align with its investment objectives. The company’s construction, improvement, and furnishing activities contribute to enhancing the value and appeal of its properties, attracting potential tenants and buyers.
In conclusion, Balkan and Sea Properties ADSITS serves as a trusted partner for investors looking to capitalize on the Bulgarian real estate market. With a focus on real estate securitizations and a commitment to property development, the company offers lucrative investment opportunities, backed by the expertise of its management team and the support of its major shareholder, Gama Finance AD.
Sources:
– Bulgarian Financial Supervision Commission
– Gama Finance AD